Saudi producer prices rise 5.3% in July

Producer prices in Saudi Arabia increased by 5.3% in July 2026 compared to the same month of the previous year, primarily supported by higher production costs in the industrial and service sectors. The biggest contributor to this rise was the manufacturing sector, which grew by 5.5%, with chemical prices up by 13.1%, clothing by 12.9%, and base metals by 8.8%. On a monthly basis, the Producer Price Index decreased by 2.8% in July compared to June, driven by declines in refined petroleum products and chemicals, while other sectors remained relatively stable.

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